Cash Management of SMEs: Challenges and Remedies an Empirical Study of SMEs in North Bengal
DOI:
https://doi.org/10.33516/maj.v58i11.44-48pKeywords:
No Keywords.Abstract
Efficient cash management is essential for the survival of the SMEs. This study, based on a sample of thirty-nine SMEs in North Bengal, reflects that risk factors and precautionary needs dominantly induce SMEs to hold abnormally high cash balances. The authors note the presence of abnormal difference between receipts and payments and recommend the use of cash budgeting to eliminate the risks of payment failure and idle cash.
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